• Dollar Edges Lower Ahead of Fed Meeting
    Investing.com33 minutes ago

    Dollar Edges Lower Ahead of Fed Meeting

    Investing.com - The dollar edged lower against a basket of the other major currencies on Tuesday as investors looked ahead to the upcoming Federal Reserve policy meeting, at which it was widely expected to deliver its third rate hike this year.

  • Reuters4 hours ago

    Money markets price in ECB rate hike for September 2019

    Euro zone money markets are now fully pricing in a 10 basis-point rate rise from the European Central Bank in September next year, as investors bet the central bank is likely to deliver its first rate rise of the cycle sooner rather than later. The difference between the overnight bank-to-bank interest rate for the euro zone - known as Eonia - and forward Eonia rates dated for the ECB's September 2019 meeting, was almost 10 basis points on Tuesday, up from around 8.5 bps last week.

  • EUR/USD Daily Price Forecast – EURO Bulls Face Pressure from Firm T-Yields as Focus Shifts to US FOMC Meeting
    FX Empire6 hours ago

    EUR/USD Daily Price Forecast – EURO Bulls Face Pressure from Firm T-Yields as Focus Shifts to US FOMC Meeting

    The EUR could remain under pressure, courtesy of an uptick in the treasury yields.

  • The USD is on the Move ahead of Trump Addressing the General Assembly
    FX Empire6 hours ago

    The USD is on the Move ahead of Trump Addressing the General Assembly

    With stats on the lighter side and trade war chatter hitting the markets, Trump’s speech to the General Assembly at the UN could ruffle a few feathers.

  • USD/JPY Fundamental Daily Forecast – Supported by Rising U.S. Interest Rates
    FX Empire7 hours ago

    USD/JPY Fundamental Daily Forecast – Supported by Rising U.S. Interest Rates

    The USD/JPY is likely to remain underpinned as long as the focus for investors remains on the widening of the spread between U.S. Government bond yields and Japanese Government bond yields. Also helping to drive the Forex pair higher is the divergence between the monetary policy of the hawkish U.S. Federal Reserve and the dovish Bank of Japan.

  • Gold Price Forecast – Gold markets rally to kick off the week
    FX Empire7 hours ago

    Gold Price Forecast – Gold markets rally to kick off the week

    Gold markets rallied during the session on Monday, as the ECB head Mario Draghi spoke. However, the market turned around rather rapidly as the EUR/USD pair approached the 1.18 level. This was a sign that the US dollar could pick up a bit of strength, working against Gold.

  • USD/JPY Price Forecast – US dollar struggles against Japanese yen to kick off the week
    FX Empire7 hours ago

    USD/JPY Price Forecast – US dollar struggles against Japanese yen to kick off the week

    The US dollar has struggled a bit against the Japanese yen to kick off the week, but that can hardly be a surprise as we are approaching a major downtrend line.

  • GBP/USD Price Forecast – British pound show signs of life
    FX Empire7 hours ago

    GBP/USD Price Forecast – British pound show signs of life

    After the ridiculous move last week, it is a bit surprising to see that there is some continuation in the rally from the British pound and early hours, but at this point it certainly looks as if that’s going to be the case.

  • GBP/JPY Price Forecast – British pound recovers
    FX Empire7 hours ago

    GBP/JPY Price Forecast – British pound recovers

    The British pound recovered during the day on Monday against the Japanese yen, breaking above the ¥148 level. However, I think there is a big fight ahead of ourselves to reach the highs again. I suspect that until there is some type of clarity and the situation involving the Brexit, it’s difficult to hang onto gains for the longer-term.

  • EUR/USD Price Forecast – Euro rolls over after initial strength on Monday
    FX Empire7 hours ago

    EUR/USD Price Forecast – Euro rolls over after initial strength on Monday

    The Euro rallied initially during the day on Monday but is starting to roll over to form a “lower high” on the longer-term charts. Because of this, I think that the 1.18 level is showing just how important it’s going to be.

  • AUD/USD Price Forecast – Aussie gaps lower
    FX Empire7 hours ago

    AUD/USD Price Forecast – Aussie gaps lower

    The Australian dollar gapped lower to kick off the week, which should hardly be a surprise considering how negative headlines coming out of the Sino-American relations are starting to become. After all, Australia’s very sensitive to the Chinese economy and therefore will be paying the price.

  • AUD/USD and NZD/USD Fundamental Daily Forecast – Pressured by Trade Concerns, Widening Interest Rate Differential
    FX Empire8 hours ago

    AUD/USD and NZD/USD Fundamental Daily Forecast – Pressured by Trade Concerns, Widening Interest Rate Differential

    The AUD/USD and the NZD/USD are also expected to be pressured by lower demand for risky assets and rising crude oil prices, which could lead to an economic slowdown.

  • Gold Price Futures (GC) Technical Analysis – Remains Trapped Between Pair of Retracement Zones
    FX Empire10 hours ago

    Gold Price Futures (GC) Technical Analysis – Remains Trapped Between Pair of Retracement Zones

    Based on Monday’s price action and the close at $1204.40, the direction of the December Comex Gold market today is likely to be determined by trader reaction to the 50% level at $1205.90.

  • AUD/USD Forex Technical Analysis – Short-Term Downside Target Zone .7194 to .7169
    FX Empire11 hours ago

    AUD/USD Forex Technical Analysis – Short-Term Downside Target Zone .7194 to .7169

    Based on yesterday’s price action and the close at .7251, the direction of the AUD/USD on Monday is likely to be determined by trader reaction to the Fibonacci level at .7257.

  • FX Empire12 hours ago

    Indian Rupee Falls Steeply Following Oil Rally; Markets Prepare for Fed Meeting

    The resumption in concerns around trade uncertainties, the upcoming Federal Reserve policy meeting and general political risk element that continues to guide investor sentiment have led emerging market currencies within the Asian region to start the week on the back foot

  • Metals - Gold Ends up After One-Week High as Dollar Dips Pre-Fed
    Investing.com14 hours ago

    Metals - Gold Ends up After One-Week High as Dollar Dips Pre-Fed

    Investing.com – U.S. gold futures settled a touch higher on Monday after hitting one-week highs above $1,200 an ounce, as bullion traders took in stride trade war tensions and a widely-anticipated Federal Reserve rate hike, which would typically be bearish for the yellow metal.

  • Bitcoin prices may not have hit rock bottom yet, says Cboe options expert
    MarketWatch14 hours ago

    Bitcoin prices may not have hit rock bottom yet, says Cboe options expert

    Coming off the best week for digital currencies since late July, bitcoin, the world’s No. 1 digital currency, was trading marginally lower on Monday. In midafternoon action, a single bitcoin (BTCUSD) was changing hands at $6,627.68, down 0.7% since Sunday at 5 p.m. Eastern Time on the Kraken exchange, and off a late-Friday high of $6,808. Crypto bulls are riding high after to total market value of cryptocurrencies has risen by more than $20 billion over the past seven sessions, perhaps, signaling a halt in a monthslong bitcoin bear market, which has the price of the digital currency down more than 50% in 2018.

  • Dollar Subdued as Sterling, Euro Shine
    Investing.com15 hours ago

    Dollar Subdued as Sterling, Euro Shine

    Investing.com - The dollar retreated against its rivals Monday, pressured by a stronger pound amid lingering hopes of a UK-EU Brexit deal, while a firmer euro on positive remarks from European Central Bank Mario Draghi also hurt the greenback.

  • Why a Fed rate hike is unlikely to reignite the dollar rally
    MarketWatch15 hours ago

    Why a Fed rate hike is unlikely to reignite the dollar rally

    Investors are assessing whether the Federal Reserve’s highly anticipated interest rate hike this week could reignite a dollar rally. Here’s why some analysts are skeptical.

  • Dollar weakness moderates as traders turn attention to Fed meeting
    MarketWatch16 hours ago

    Dollar weakness moderates as traders turn attention to Fed meeting

    The dollar’s weakness moderates late Monday as investors turn their focus to the conclusion Wednesday of a two-day Federal Reserve meeting that’s seen as virtually certain to deliver a rate increase.

  • Gold Price Prediction – Prices Trade Sideways Ahead of Fed
    FX Empire17 hours ago

    Gold Price Prediction – Prices Trade Sideways Ahead of Fed

    Gold prices continued to trade sideways consolidating in a tight range. Additionally, the trade spat between the US and China is generating unwanted volatility.  Companies are now pulling back on future investment which is putting downward pressure on riskier assets. Trader’s are looking toward Wednesday’s Federal Reserve meeting which is expected to see an increase in interest rates.

  • U.S. Dollar Plummets, Sterling Rises
    Investing.com18 hours ago

    U.S. Dollar Plummets, Sterling Rises

    Investing.com - The U.S. dollar continued to fall against other currencies on Monday, while the pound gained ground as investors awaited an interest rate decision from the Federal Reserve.The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, fell 0.21% to 93.59 as of 10:21 AM ET (14:21 GMT).The Fed meets on Tuesday and Wednesday, with traders expecting a rate hike for the third time this year. The market has already priced in a 100% chance of a 25-basis-point increase.Chances of an increase in December were at 86.1%. ...

  • Stocks - Wall Street Slides Despite M&A Heating Up
    Investing.com19 hours ago

    Stocks - Wall Street Slides Despite M&A Heating Up

    Investing.com - Stocks started lower Monday, with investors hesitant as a new batch of tariffs between the U.S. and China went into effect. But a wave of mergers produced a lot of activity in individual issues.

  • Gold Prices Broadly Higher as U.S. Dollar Slumps
    Investing.com19 hours ago

    Gold Prices Broadly Higher as U.S. Dollar Slumps

    Other metals were mixed on the Comex, with silver futures falling 0.34% to $14.310 a troy ounce. Among other precious metals, platinum futures rose 0.30% to $835.40, while palladium futures increased 0.39% to $1,049.00 an ounce. Copper futures gained 0.16% to $2.862 a pound.

  • Crypto Prices Fall; Report Suggests Tether Has No Impact on Bitcoin
    Investing.com20 hours ago

    Crypto Prices Fall; Report Suggests Tether Has No Impact on Bitcoin

    Cryptocurrencies fell on Monday, while Bitcoin eased from a two-and-a-half-week high as an academic study found that Tether does not impact its price. Bitcoin decreased 1.56% to $6,630.30 on the Bitfinex exchange, as of 8:52 AM ET (12:52 GMT). Cryptocurrencies overall were lower, with the coin market cap of total market capitalization at $219 billion at the time of writing, compared to $228 billion on Sunday.